China’s top court to study judicial rules for crypto amid rise in related cases
The Block
China's Supreme People's Court is developing new judicial rules for emerging cryptocurrency cases amid a rise in related litigation.Summary
China's Supreme People's Court has announced plans to conduct in-depth research into judicial adjudication rules concerning cryptocurrency and cross-border finance. The move comes as Chinese authorities address a growing number of crypto-related legal disputes, further aligning with the nation’s strict stance on digital assets. While mainland China maintains a ban on crypto transactions, the judiciary aims to clarify rules regarding civil compensation for market manipulation and insider trading, while reinforcing the status of crypto-related investments as legally invalid.
(Source：The Block)